Changyou Alliance Group (HKSE:01039) Total Assets : HK$163.6 Mil (As of Dec. 2023)

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What is Changyou Alliance Group Total Assets?

Changyou Alliance Group's Total Assets for the quarter that ended in Dec. 2023 was HK$163.6 Mil.

During the past 12 months, Changyou Alliance Group's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was -5.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.00% per year. During the past 10 years, the average Total Assets Growth Rate was -23.00% per year.

During the past 13 years, Changyou Alliance Group's highest 3-Year average Total Assets Growth Rate was 32.40%. The lowest was -62.00%. And the median was -13.75%.

Total Assets is connected with ROA %. Changyou Alliance Group's annualized ROA % for the quarter that ended in Dec. 2023 was -27.05%. Total Assets is also linked to Revenue through Asset Turnover. Changyou Alliance Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.55.

Changyou Alliance Group Total Assets Historical Data

The historical data trend for Changyou Alliance Group's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Changyou Alliance Group Total Assets Chart

Changyou Alliance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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301.63

343.70

233.89

172.43

163.57

Changyou Alliance Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															233.89	197.84	172.43	159.91	163.57

Changyou Alliance Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Changyou Alliance Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-167.697	+	331.268
	=	163.6

Changyou Alliance Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	-167.697	+	331.268
	=	163.6

Changyou Alliance Group (HKSE:01039) Total Assets Explanation

Total Assets is connected with ROA %.

Changyou Alliance Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-43.748	/	( (159.905	+	163.571)	/ 2 )
	=	-43.748	/	161.738
	=	-27.05 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Changyou Alliance Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	89.505	/	( (159.905	+	163.571)	/ 2 )
=	89.505	/	161.738
=	0.55

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Changyou Alliance Group Total Assets Related Terms

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Changyou Alliance Group (HKSE:01039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Changyou Alliance Group Ltd (HKSE:01039) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room 1908-1916, 19th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.changyou-alliance.com

Changyou Alliance Group Ltd is a company involved in the development and operation of an electronic trading platform. The company mainly operates in the Digital Point segment that operates an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged globally in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions.

Executives

Greater Bay Area Homeland Development Fund (gp) Limited	2106 Person having a security interest in shares
Greater Bay Area Homeland Investments Limited	2106 Person having a security interest in shares
Poly Platinum Enterprises Limited	2106 Person having a security interest in shares
Century Investment (holding) Limited	2101 Beneficial owner
Pun Tang	2201 Interest of corporation controlled by you
Atlantis Capital Group Holdings Limited	2201 Interest of corporation controlled by you
Liu Yang	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you

Changyou Alliance Group (HKSE:01039) Headlines

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